If you ran your budget like the government runs theirs…
How would it turn out?
Barnaby is Right aka The Blissful Ignoramus has taken a look for us, and was kind enough to let me share this simple yet to-the-point table.
Apples and oranges? You can’t compare because of blah blah blah?
Weeelll, Europe has done exactly the same yet on a much grander scale and just look how that’s turned out. The Euro economy is in a blender keeping company with a black hole.
So who’s right? Any person with half a brain or some economic gee-whizzes who as BIR puts it, are `the same “experts” who didn’t see the GFC coming.’
You know, it wasn’t so long ago – a few months? – we were talking about a $220 bil government debt and now it’s at $260.
Two bil a week, folks.